NEW DELHI, 12 November The Cabinet Committee on Economic Affairs on 11 November approved the Yuge Yugeen Bharat Museum at an estimated cost of ₹3,230 crore, after appraisal by the Public Investment Board. The museum will occupy a proposed built-up area of about 1,78,509 square metres across the two Raisina Hill buildings.
BLITZ DATA CARD
₹3,230 crore — estimated project cost, cleared by the CCEA on 11 November 2026
1,78,509 sq m — proposed built-up area
≈ ₹1.81 lakh — cost per square metre (Blitz calculation)
18 May 2023 — the day the Prime Minister announced the museum
February 2026 — the last Cabinet meeting held in South Block
Source: Cabinet decision, 11 November 2026; All India Radio, 14 February 2026
The project is built on adaptive reuse. The government says the work will preserve the architectural character and heritage value of the buildings while turning them into a public cultural institution. It describes the museum as set to have the largest display area of any museum in the world.
The decision closes a circle that opened in February. Information and Broadcasting Minister Ashwini Vaishnaw said then that the Cabinet had met in South Block for the last time, and that future meetings would be held at Seva Teerth. The ministries have since moved to the new Kartavya Bhavans.
What India gains
Is a stage. The world’s great capitals tell their story through great museums. Delhi will now do so from the very buildings where colonial files were once signed — and where, after 1947, a free republic made its own decisions. The government has eyed 2027 for the first segment to open.
Noida Metro gets Rs 2,390 crore boost
NEW DELHI, 12 November The Union Cabinet on 11 November approved an 8.449 km extension of Noida’s Aqua Line metro from Noida Sector 51 to Greater Noida Sector 4, with five elevated stations, at an estimated ₹2,390 crore.
Once running, the Noida and Greater Noida network will total 71.878 km, with an interchange to the Blue Line at Noida Sector 61. The new stretch adds 11.8% to that network at about ₹283 crore a kilometre.
Stand-Up India extended till 2031
NEW DELHI, 12 November: The Cabinet has extended the Stand-Up India scheme to 31 March 2031, aiming to support at least 2.5 lakh more women, SC and ST entrepreneurs with bank loans of ₹10 lakh to ₹1 crore.
Since April 2016 the scheme has backed more than 2.75 lakh such entrepreneurs in starting new enterprises. A ₹4,111 crore credit guarantee corpus will cover 85% of each loan.
Rabi fertilizer subsidy jumps 64pc
NEW DELHI, 12 November The Cabinet has approved nutrient-based subsidy rates for phosphatic and potassic fertilisers, including DAP, for the rabi season from 1 October 2026 to 31 March 2027, at a tentative cost of ₹62,370.02 crore.
That is ₹24,417.73 crore, or 64.3%, more than last rabi’s ₹37,952.29 crore. The government cited recent international price trends in urea, DAP, MOP and sulphur.
